Friday, June 27, 2025
24.9 C
London
HomeFinTechHarris Technology Group: Achieves record revenue in Q1 FY21

Harris Technology Group: Achieves record revenue in Q1 FY21

Date:

Spendbase Launches Digital Banking Platform and Virtual Cards for Businesses

Spendbase expands its financial platform with new digital banking...

FIS and Visa Partner to Help Regional and Community Banks Offer Fintech Services

FIS collaborates with Visa to empower regional and community...

Kraken Granted Crypto Licence in Ireland to Boost European Operations

Leading crypto exchange Kraken secures virtual asset service provider...
  • Harris Technology Group (HT8) has achieved the highest quarterly amounts of revenue and profit before tax in the September quarter
  • The record figures came in at $9.8 million in revenue and $835,000 of profit before tax
  • The revenue is solid as it marks a significant increase from the $2 million in Q1 Fy20 and the $6.8 million reported in Q4 FY20
  • Harris Technology is an online IT and consumer electronics business however, it did dive into the sanitizer craze due to COVID-19
  • At the end of the quarter, Harris had $3.34 million – an increase from the $1.19 million it started with
  • Company shares have dropped 9.38 percent and are trading for 14.5 cents

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories